Common use of Payable Practices Clause in Contracts

Payable Practices. Borrowers have not made any material change in their historical accounts payable practices that would have an adverse impact on Borrowers from those in effect on the Closing Date.

Appears in 10 contracts

Samples: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

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Payable Practices. Borrowers have Borrower has not made any material change in their its historical accounts payable practices that would have an adverse impact on Borrowers from those in effect on the Closing Date.

Appears in 3 contracts

Samples: Credit and Security Agreement (MVC Capital, Inc.), Credit and Security Agreement (MVC Capital, Inc.), Financing Agreement (Servotronics Inc /De/)

Payable Practices. Borrowers have Borrower has not made any material change in their its historical accounts payable practices that would have an adverse impact on Borrowers Borrower from those in effect on the Closing Date.

Appears in 3 contracts

Samples: Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)

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Payable Practices. Borrowers have not No Borrower has made any material change in their its historical accounts payable practices that would have an adverse impact on Borrowers Borrower from those in effect on the Initial Closing Date.

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Select Interior Concepts, Inc.)

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